Skip to main content

Results of the 87th Opinion Survey on the General Public's Views and Behavior (September 2021 Survey)

October 11, 2021
Public Relations Department
Bank of Japan

Full Text [PDF 1,078KB]

Survey Outline

Survey period : From August 6 to September 1, 2021.
Population of the Survey : Individuals living in Japan who are at least 20 years of age.
Sample size : 4,000 people (2,209 people [i.e., 55.2 percent of the overall sample size] provided valid responses to questions).
Sampling method : Stratified two-stage random sampling method.
Survey methodology : Questionnaire survey (mail survey method).

Impression of Present Economic Conditions Compared with One Year Ago Percent, percentage points
	84th survey (Dec 2020)	85th survey (Mar 2021)	86th survey (Jun 2021)	87th survey (Sep 2021)
Have improved (A)	1.1	1.0	2.2	2.5
Have remained the same	27.2	27.6	33.4	38.6
Have worsened (B)	71.3	70.4	63.8	57.8
D.I. (A) minus (B)	-70.2	-69.4	-61.6	-55.3

Outlook for Economic Conditions One Year from Now Percent, percentage points
	84th survey (Dec 2020)	85th survey (Mar 2021)	86th survey (Jun 2021)	87th survey (Sep 2021)
Will improve (A)	14.4	23.1	20.4	16.6
Will remain the same	47.7	44.3	43.6	46.1
Will worsen (B)	37.5	31.6	35.3	36.4
D.I. (A) minus (B)	-23.1	-8.5	-14.9	-19.8

Impression of Present Household Circumstances Compared with One Year Ago Percent, percentage points
	84th survey (Dec 2020)	85th survey (Mar 2021)	86th survey (Jun 2021)	87th survey (Sep 2021)
Have become better off (A)	4.2	6.3	5.3	6.8
Difficult to say	56.7	55.0	56.4	55.5
Have become worse off (B)	38.1	38.0	37.3	36.3
D.I. (A) minus (B)	-33.9	-31.7	-32.0	-29.5

Perception of the Present Price Levels Compared with One Year Ago Percent
	84th survey (Dec 2020)	85th survey (Mar 2021)	86th survey (Jun 2021)	87th survey (Sep 2021)
Have gone up significantly	9.2	5.2	6.6	8.9
Have gone up slightly	51.3	43.9	49.8	52.6
Have remained almost unchanged	34.6	44.3	38.0	32.9
Have gone down slightly	3.9	5.0	3.8	2.8
Have gone down significantly	0.2	0.6	0.3	0.6

Outlook for Price Levels One Year from Now Percent
	84th survey (Dec 2020)	85th survey (Mar 2021)	86th survey (Jun 2021)	87th survey (Sep 2021)
Will go up significantly	6.3	5.8	7.7	8.4
Will go up slightly	53.7	56.6	59.1	59.8
Will remain almost unchanged	31.2	30.6	27.2	24.8
Will go down slightly	7.2	5.8	4.0	3.6
Will go down significantly	0.4	0.3	0.3	0.5

One of the Bank's Objectives Is to Achieve Price Stability Percent
	84th survey (Dec 2020)	85th survey (Mar 2021)	86th survey (Jun 2021)	87th survey (Sep 2021)
Know about it	27.6	-	29.8	-
Have read or heard of it, but do not know much about it	43.9	-	44.0	-
Have never heard of it	28.1	-	25.8	-

The Bank Has Set the Price Stability Target at 2 Percent in terms of the Year-on-Year Rate of Change in the CPI Percent
	84th survey (Dec 2020)	85th survey (Mar 2021)	86th survey (Jun 2021)	87th survey (Sep 2021)
Know about it	20.2	18.1	21.7	18.4
Have read or heard of it, but do not know much about it	30.9	29.3	31.0	26.7
Have never heard of it	48.4	51.6	46.9	53.9

The Bank Has Been Implementing Aggressive Monetary Easing Measures to Achieve the Price Stability Target of 2 Percent Percent
	84th survey (Dec 2020)	85th survey (Mar 2021)	86th survey (Jun 2021)	87th survey (Sep 2021)
Know about it	34.8	23.0	35.8	21.8
Have read or heard of it, but do not know much about it	38.7	33.2	38.2	31.1
Have never heard of it	26.1	42.7	25.4	46.1

The Bank Has Been Conducting "Quantitative and Qualitative Monetary Easing (QQE) with Yield Curve Control" Percent
	84th survey (Dec 2020)	85th survey (Mar 2021)	86th survey (Jun 2021)	87th survey (Sep 2021)
Know about it	17.6	13.8	19.2	13.0
Have read or heard of it, but do not know much about it	34.7	25.5	33.9	25.5
Have never heard of it	47.1	59.4	46.4	60.3

Confidence in the Bank Percent
	84th survey (Dec 2020)	85th survey (Mar 2021)	86th survey (Jun 2021)	87th survey (Sep 2021)
Confident	14.7	-	13.4	-
Somewhat confident	30.2	-	30.8	-
Difficult to say	46.9	-	46.7	-
Not particularly confident	5.3	-	6.1	-
Not confident	2.0	-	2.2	-

Inquiries

Planning and Analysis Group, Public Relations Department

E-mail : prdmail@boj.or.jp